Everybody knows al waleed bin talal , he's the prince al waleed bin talal, he is a member of the saudi royal family, he's the nephew of King Abdulla, King of Saudi Arabia.Al-Waleed is the most successful middle estearn businessman and one of the most successful world businessmen.
I'am gonna talk about his personal life , how did he start all that, and his fortune. Body:
1. personal life.
-Father: prince talal.
-Mother: princes Mona , Daughter of Riad al-solh , prime minister of lebanon and the leader of Lebanese Indepandence. His cousin is prince Moulay Hicham , prince of Morroco. Wives: 4 , divorced couple of them.
Children: 2 , Khalid and Reem.
Bachelor of science degree in BA at Menlo college 1979.
Masters in social science at Maxwell School of Citizenship and public affairs in Syracuse University 1985. Honory PHD from the University of Exeter.
2. His business & How did he start it.
Main business: Investments.
He started his business $15,000 and a house that his father gave him, he invested it in construction. His father refused to lend him more. He mortgaged his house to support his business.
After 1 year got his 1st big break, joined 2 small companies and got a contract of $16 million military academy. By 1981, established his kingdom with $1.5 billion of revenues. He expanded all over the world.
3. His Fortune
Old fortune: $30 billions , 100 billion of saudi riyals.
Lost almost %60 because of the financial crises.
Today's fortune is: $13.3 billions.
In 2004, 4th richest man in the world.
Now, he is #22.
Owns jewelry worths = $730 millions.
4 Airplanes , one of them is Airbus A380.
The Best Part
Lets say $30 billions = 100 billions SD.
1, If we exchanged al-waleed's fortune to saudi riyals and wanted to count his 100 billion SD, and it takes you one second to count 1 riyal, the period of time takes us to count all his money...